By Len Penzo on March 5th, 2011
It’s time to sit back, relax and enjoy a little joe…
Welcome to another rousing edition of Black Coffee, your off-beat weekly round-up of what’s been going on in the world of money and personal finance. Here’s what caught my attention over the past week…
This just in: higher octane gasoline has now passed $4 a gallon at many stations here in Southern California. It’s times like these that I’m
Continue reading Black Coffee: Hey, Buddy. Can Ya Spare A Hundy for A Tank of Gas?
By Len Penzo on March 3rd, 2011
Never assume that just because a person holds an MBA, he knows how to run a business; the road is littered with MBA-sporting CEOs who ignominiously drove their companies into the ground. Conversely, there are just as many CEOs — guys like Microsoft’s Bill Gates and Oracle’s Larry Ellison — who achieved phenomenal success without the fancy business school sheepskin.
The bottom line: If guys like Gates and Ellison can
Continue reading 100 Words On: Why You Don’t Need an MBA to Manage Your Finances
By Len Penzo on March 2nd, 2011
I’ve been a big defender of plastic grocery store bags for a long time. In fact, last year I challenged readers to tell me why the humble plastic shopping bag is still maligned by so many people.
Now I may be just a wee bit biased, but I think I made a very compelling case when I explained why plastic bags are good.
Yes, I mentioned that they are arguably
Continue reading 36 Amazing Uses for the Lowly Plastic Grocery Bag
By Len Penzo on February 28th, 2011
My 13 year-old son Matthew had a bit of a tantrum last week — okay, actually it was a full-scale meltdown — after he found out that I wouldn’t let him ride his BMX bicycle until he got the brakes repaired.
It turns out his bike brakes broke (try saying that three times in a row) the previous week while he was doing some complex stunt called, if I remember correctly,
Continue reading How Misplaced Financial Priorities Lead to Lame Excuses
By Len Penzo on February 26th, 2011
It’s time to sit back, relax and enjoy a little joe…
Welcome to another rousing edition of Black Coffee, your off-beat weekly round-up of what’s been going on in the world of money and personal finance. Here’s what caught my attention over the past week…
I want you all to know that I fled to Illinois yesterday to avoid having to vote on whether or not the Honeybee’s new jeans
Continue reading Black Coffee: Thin Mints, Early Retirement, Charlie Sheen (Pick Any 2)
By Len Penzo on February 23rd, 2011
by Antonio Fortunato
I would like to offer my comments on a guest article published on this blog awhile back regarding why we should not give to charity (Donate? Humbug! 8 Reasons Why My Favorite Charity Is Me).
I think the writer has made a decision on charitable giving for reasons that may be completely opposite to the idea and spirit of giving. Charity is defined as an act of giving, not coerced and not expecting
Continue reading Reader Counterpoint: Why Your Favorite Charity Shouldn’t Be You
By Len Penzo on February 21st, 2011
Alright, I’m just going to come right out and say it: I hate California’s bottle and can redemption law. Frankly, I find it to be a complete waste of my money.
Now before you write in to tell me how ashamed I should be, and what a terrible steward of the earth I am, you should know that despite my aversion to my state’s bottle redemption law, I still dutifully recycle.
That’s
Continue reading Why Bottle Redemption Fees Belong In Your Local Landfill
By Dr. Dean Burke on February 19th, 2011
It’s time to sit back, relax and enjoy a little joe…
I’d like to thank Dr. Dean Burke, gynecologist to the stars and proprietor of The Millionaire Nurse Blog, for being kind enough to write this week’s version of Black Coffee so I could have a little extra time to celebrate my birthday. So, please, be sure to email all your complaints and letters of outrage to him this week.
Continue reading Black Coffee: The Birthday Edition – Southern Style, Y’all!
By Len Penzo on February 17th, 2011
Taking on excessive debt — and continuously spending more than you earn — greatly reduces the wealth you can accumulate down the road. As a result, your options in the future become greatly diminished because you’re essentially spending tomorrow’s wages today. In short, accruing excessive debt can severely limit your choices in life as you get older, thereby making you an indentured servant to your lenders.
The bottom line:
Continue reading 100 Words On: Why Excessive Debt Leads to Indentured Servitude
By Guest on February 16th, 2011
You might think that credit cards for people with excellent credit are universally the best products available, and that the quality of a credit card naturally rises in accordance with the credit level required to get it. You might believe that high fees and lacking rewards simply come with the territory of having bad credit, and that this is a natural trade off. You might also assume that
Continue reading Beware: A Credit Card for Excellent Credit That Doesn’t Fit the Bill
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Black Coffee: Hey, Buddy. Can Ya Spare A Hundy for A Tank of Gas?
It’s time to sit back, relax and enjoy a little joe…
Welcome to another rousing edition of Black Coffee, your off-beat weekly round-up of what’s been going on in the world of money and personal finance. Here’s what caught my attention over the past week…
This just in: higher octane gasoline has now passed $4 a gallon at many stations here in Southern California. It’s times like these that I’m
Continue reading Black Coffee: Hey, Buddy. Can Ya Spare A Hundy for A Tank of Gas?